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The morality of compromise' sounds contradictory. Compromise is usually a sign of weakness, or an admission of defeat. Strong men read more

The morality of compromise' sounds contradictory. Compromise is usually a sign of weakness, or an admission of defeat. Strong men don't compromise, it is said, and principles should never be compromised. I shall argue that strong men, conversely, know when to compromise and that all principles can be compromised to serve a greater principle.

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Competition on the market aims at assigning to every individual that function in the social system in which he can read more

Competition on the market aims at assigning to every individual that function in the social system in which he can render to all his fellow men the most valuable of the services he is able to perform.

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My riches consist not in the extent of my possessions, but in the fewness of my wants.

My riches consist not in the extent of my possessions, but in the fewness of my wants.

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Those fighting for free enterprise and free competition do not defend the interests of those rich today. They want a read more

Those fighting for free enterprise and free competition do not defend the interests of those rich today. They want a free hand left to unknown men who will be the entrepreneurs of tomorrow...

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The first condition for the establishment of perpetual peace is the general adoption of the principles of laissez-faire capitalism.

The first condition for the establishment of perpetual peace is the general adoption of the principles of laissez-faire capitalism.

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By desiring little, a poor man makes himself rich.

By desiring little, a poor man makes himself rich.

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I don't even get an allowance.

I don't even get an allowance.

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Economics is not about things and tangible material objects; it is about men, their meanings and actions.

Economics is not about things and tangible material objects; it is about men, their meanings and actions.

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Money is better than poverty, if only for financial reasons.

Money is better than poverty, if only for financial reasons.

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